Rename Initial Title with airSlate SignNow

Adapt name title

hello this is dave at cartitles.com and teto recovery comm a lot of questions come to us about a vehicle titling and more importantly how does a name become changed on a vehicle title and there may be many reasons why you want to change the name on a title the first thing is to take a look at is the vehicle actually in your name to begin with or is the person who is originating the name change already on the face or front of that title and if that's the case then you're going to take a look to see what's the purpose of the title change is it a family transfer is there a lien holder on the title there's a lot of factors which determine the best way to transfer that title first of all if it's an inside the family transfer that's going to make it easier because we normally will not trigger a sales tax requirement in some states if you transfer our vehicle to another name it requires payment of sales tax just like it purchased by any third party of course some states don't have sales tax on that type of transaction but prior to changing the name you want to make sure that you understand if it's sales tax required or not secondly if there's a lien holder on the title normally the lien holder would be holding that title if they're not you have the title it's going to be very difficult to change the name without that lien holder signing off that the name change is okay or to make sure their lien remains on the title now if you're simply adding a name there may be a process on a separate form through the State DMV sometimes it's in some states it's called the mv-1 so if you're looking to add a name you may be able to use an mv-1 by itself and also you may be looking to change the name if the vehicle owners become married or divorced and you have to change that name into a different name of the same person in any case whoever is on the face of the title will need to sign authorizing the name change or transferring it so if there's more than one party on the front of the title both of those parties will have to sign it over just be sure that on the backside of that title when you sign as an owner you're not signing in a space the is only to be used by a licensed dealer that's one of the most common errors that we see on vehicle titles is that a signature goes in a space that's reserved only for licensed dealership use and if a private party signs there it sometimes I'll make that title void so if you have any questions about processing titles or changing the name you can reach us to our web site cartitles.com there's...